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Fanuc Corporation (6954) Receives a Buy from Nomura
Nomura analyst Katsushi Saito maintained a Buy rating on Fanuc Corporation (6954 – Research Report) yesterday and set a price target of Yen4,400.00. The company’s shares closed today at Yen3,881.00.
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According to TipRanks, Saito is an analyst with an average return of -8.8% and a 42.86% success rate.
Currently, the analyst consensus on Fanuc Corporation is a Strong Buy with an average price target of Yen4,761.43, representing a 22.69% upside. In a report released on June 27, Morgan Stanley also maintained a Buy rating on the stock with a Yen5,400.00 price target.
6954 market cap is currently Yen3619.4B and has a P/E ratio of 24.88.
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